Stories for March 2005
Latest News feedArgentine defaulted bonds exchange delayed
Argentina decided Thursday to postpone its scheduled April 1 exchange of defaulted bonds waiting for New York court ruling regarding frozen securities included in the operation.
Breaking News
Headlines: Clash over HMS Sussex treasure; Spanish television links Gibraltar to money laundering.
Tahiti calls for a OCTA “united strategy”
“A united strategy based on common interests is always fruit-bearing”, French Polynesia President Oscar Temaru said Wednesday in his opening speech before the three-day 4th Ministerial Conference of the European Union Association of Overseas Countries and Territories (OCTA) in Tahiti, according to a report from TahitiPress.
Mercosur, Arab Presidential Summit to take place in May
The South American and Arab countries Presidential Summit to take place in May in Brazil seeks to conquer markets without “scandalous subsidies in farming products” -as is the case in the US and the EU, ? according to the head of the bloc’s representative commission, Eduardo Duhalde.
Latinamerica 2005 job creation: “moderate optimism”
The International Labour Organization, ILO, expressed “moderate optimism” regarding the employment situation in Latinamerica on considering the region’s economic growth prospects.
Antarctica annual turnover 900 million US dollars
Antarctica has an annual turnover of 900 million US dollars mainly from fisheries, scientific research and tourism, of which Punta Arenas only takes advantage of twelve million US dollars, claimed Jose Retamales Director of the Chilean Antarctic Institute, reports La Prensa Austral.
Chile sues Czech tourist for causing forest fire
Chilean authorities are suing a Czech citizen who accidentally started a fire causing extensive damage to Chilean Patagonia main national park, Torres del Paine.
IMF and USA praise Brazilian economic policies
IMF Managing Director Rodrigo de Rato said in Washington he fully approves Brazil decision not to sign a new stand by agreement and anticipated that the relation between President Lula da Silva’s administration and the IMF will remain very close.
Improving employment situation in Chile
Unemployment in Magallanes Region during the December-February quarter increased 0,7 to 6,3%, compared to the same period a year ago (5,6%), but dropped against the previous quarter 6,5%. Chile’s national average was 7,6%.
Newfoundland blames Galicia for its decline
Newfoundland on Canada’s Atlantic coast has lost 11.000 jobs and a hundred fish processing plants in the last decade.
